WASHINGTON – Yesterday, the House Small Business Subcommittee on Innovation, Entrepreneurship, and Workforce Development, led by Ranking Member Hillary Scholten (D-MI), held a hearing titled “Beyond the Ballpark: The Role of Minor Leagues in Economic Growth.” The hearing examined how minor league teams support local economies and boost small businesses in communities across the country. “Minor lea... Read More »
WASHINGTON- Today, House Small Business Committee Ranking Member Nydia Velázquez (D-NY), Congresswoman Lateefah A. Simon (D-CA), and Congressman Gilbert R. Cisneros Jr. (D-CA), announced two bills designed to protect small businesses during the federal government’s rewrite of its procurement regulations. Together, the bills will help ensure that when changes are made to these contracting rules, th... Read More »
WASHINGTON– Today, during the House Small Business Committee hearing “Budgeting for Growth: Testimony from SBA Administrator Kelly Loeffler,” Democratic Members of the Committee pressed Administrator Loeffler on sweeping staff reductions, harmful program cuts, and the Trump administration’s erratic economic policies are impacting small businesses. During the hearing, Ranking Member Nydia M. Velázq... Read More »
WASHINGTON – Today, the House Small Business Subcommittee on Economic Growth, Tax, and Capital Access, led by Ranking Member LaMonica McIver (D-NJ), held a hearing examining how private investment—including venture capital, private credit, and the SBA’s Small Business Investment Company (SBIC) program—is shaping the small business economy. During the hearing, McIver emphasized the need for strong ... Read More »
Washington, D.C. — Today, Rep. Nydia M. Velázquez (D-NY), Ranking Member of the House Small Business Committee, issued the following statement after a federal court struck down President Trump’s attempt to impose broad tariffs under emergency powers: “Yesterday’s decision is a win for the small businesses that have been hammered by these tariffs. Over the past several months, countless entrepreneu... Read More »
WASHINGTON—Today, Rep. Nydia M. Velázquez (D-NY), Ranking Member of the House Small Business Committee, and Congresswoman Eleanor Holmes Norton (D-DC), led a letter to the Department of Homeland Security (DHS) and U.S. Immigration and Customs Enforcement (ICE) raising alarm over recent enforcement actions targeting restaurants and small businesses in the Washington, D.C. area. The lawmakers expre... Read More »
WASHINGTON – Today, the House Small Business Committee held a hearing titled “A Small Part in a Big Company: Examining the Power of Franchising in the American Economy.” The hearing examined how economic instability and federal policies are affecting the franchise model, which includes many small, independently owned businesses across the country. During the hearing, Ranking Member Nydia M. Velázq... Read More »
WASHINGTON – Today, House Small Business Committee Ranking Member Nydia M. Velázquez (D-NY) and Senate Small Business Committee Ranking Member Edward J. Markey (D-MA) introduced the SBIR and STTR Reauthorization Act of 2025. The bill would permanently authorize and strengthen two of the federal government’s most successful small business innovation programs: the Small Business Innovation Research ... Read More »
Let me begin by saying, that the timing and content of this mark-up is ill conceived. We are in the midst of reconciliation, and a vast majority of our members cannot attend due to conflicts. It doesn’t make sense to move controversial bills without giving all members a fair opportunity to participate and offer amendments. Aside from the member conflicts, these bills, which put major organizationa... Read More »
WASHINGTON – Today, Republicans on the House Small Business Committee pushed through a slate of controversial, unvetted bills that ignore the real challenges facing entrepreneurs and small firms. While small businesses struggle with rising prices and the fallout from Trump’s reckless tariff policies, Republicans advanced seven bills that have not received any hearing, testimony, or basic vetting. ... Read More »
Today, Congresswoman Nydia M. Velázquez (D-NY), Ranking Member of the House Small Business Committee, led 68 House Democrats in calling on the Trump administration to protect small businesses from the fallout of its escalating trade war. “Taxes on imported goods hit small businesses the hardest, with 88 percent of small firms relying on imports for the goods they produce and sell. These companies ... Read More »
WASHINGTON- Today, House Small Business Committee Ranking Member Nydia M. Velázquez (D-NY) sent a letter to President Donald Trump and Secretary of Education Linda McMahon raising alarm over the administration’s plans to transfer the Department of Education’s (DOE) $1.6 trillion federal student loan portfolio to the Small Business Administration (SBA). In the letter, Velázquez warned that the move... Read More »
WASHINGTON – Today, the House Small Business Committee held a hearing examining how tax policy impacts American small businesses. During the hearing, Ranking Member Nydia M. Velázquez (D-NY) underscored the need for a fairer tax system that supports small firms rather than prioritizing large corporations and the wealthy. “Main Street businesses form the bedrock of our nation’s economy, driving inn... Read More »
